US Foods Hldg Q2 2024 Adj. EPS $0.93, Inline, Sales $9.70B Beat $9.64B Estimate
Portfolio Pulse from Benzinga Newsdesk
US Foods Holding Corp. (USFD) reported Q2 2024 adjusted EPS of $0.93, in line with expectations, and sales of $9.70 billion, beating the $9.64 billion estimate. The company also provided long-term guidance for 2024-2028, expecting 3%+ comparable sales growth, 5%+ net restaurant growth, 8%+ system-wide sales growth, and adjusted operating income growth at least as fast as system-wide sales growth.
August 08, 2024 | 10:46 am
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US Foods Holding Corp. reported Q2 2024 adjusted EPS of $0.93, in line with expectations, and sales of $9.70 billion, beating the $9.64 billion estimate. The company also provided positive long-term guidance for 2024-2028.
The Q2 2024 earnings report shows that USFD met EPS expectations and exceeded sales estimates, which is positive news. Additionally, the long-term guidance indicates strong future growth prospects, likely boosting investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100